Course details

The Master’s program in Economics will provide you with the skills and knowledge needed to understand the complex, rapidly changing and uncertain modern global economy. It is one of three specialized Master’s tracks, and our Master’s in Economics program consists of a combination of core and optional (optional) modules, culminating in a research thesis. Through the core modules, you will learn advanced macroeconomics, covering monetary theory, growth theory, business cycle theory and advanced microeconomics which takes into account consumer and producer theory. The Econometric Analysis module will provide you with the research skills you will need throughout the course and beyond.

The program offers flexibility through a wide range of optional modules in topics such as industrial organisation, money and banking, natural resource economics and others. The dissertation then enables you to develop your research skills, through an in-depth investigation at advanced level of a topic relevant to your degree. The thesis also includes the option to conduct research abroad at a partner university.

You will be taught by world-class academics from Oxford, which is one of an elite group of institutions accredited by the three main business education accreditation bodies.

Course structure

Core modules
You will study the following core modules:

Advanced Macroeconomics
develops your knowledge and analytical skills in topics featuring growth theory, business cycle theory, analysis modelling, monetary theory and their applications.
Advanced Microeconomics
enhances your knowledge and analytical skills in areas such as consumer theory, producer theory, decision-making under risk and uncertainty, incentives and strategic behaviour, market equilibrium, general equilibrium and welfare economics.
Econometric Analysis
provides the econometrics skills necessary to pursue empirical research in economics and/or finance and provides a grounding for understanding the more advanced econometric techniques to be taught in the second term of the course.